Where are the Offtakes

If i look at very important announcements then i ask myself why is our product still not full offtaken by potential customers. Where are the offtakers ????
If we don't have 100% or >90% offtake who is going to fund us Capex 163 M$
Since 2017 whe are sending samples of lithium carbonate to potential customers but as today we only have one offtake agreement for 30% of 2.4Mtpa and  that is Sino, so who is gonna fund this without full offtake in place ?
I still don't get it that till now we only have one offtake in place despite all efforts from PSC team.

Huge milestones and offtake efforts ann made by the company so far:

Release Date: 19/07/17 09:33
Summary: First lithium samples to customers
https://hotcopper.com.au/documentembed?id=uOMxKKzFkiWRTLKhOROKAxjvTDYC5w24yBiZsOR6ke92GA==
ARCADIA LITHIUM DELIVERS FIRST PRODUCT SAMPLES TO INTERNATIONAL MARKET
Arcadia Lithium Project has delivered the following products to prospective Chinese,North American and German customers:
• ArcadiaLithium 6.5 - Spodumene concentrate – 6.5% Li2O and 0.33% Fe2O3
• ArcadiaLithium 6.1 - Spodumene concentrate – 6.1% Li2O and 0.52% Fe2O3
• ArcadiaLithium 4.2 – Petalite concentrate – 4.2% Li2O and 0.08% Fe2O3

Release Date: 10/11/17 10:11
https://hotcopper.com.au/documentembed?id=uOMxKKzFkiWRTLKhOROKAxjvTDYC5Q68zRmZsOR6ke92GA==
Summary: Offtake and Placement and Framework Agreement with Sinomine
PROSPECT EXECUTES CONDITIONAL OFFTAKE AND CONDITIONAL PLACEMENT AND FRAMEWORK AGREEMENT TO FULLY FUND CONSTRUCTION OF MINE AND PLANT FOR PROSPECT’S ARCADIA LITHIUM PROJECT

Release Date: 31/10/17 08:21
Summary: 99.5% Battery Grade Lithium Carbonate from Arcadia Petalite
https://hotcopper.com.au/documentembed?id=uOMxKKzFkiWRTLKhOROKAxjvTDYC5ga9yRmZsOR6ke92GA==
PROSPECT PRODUCES BATTERY GRADE LITHIUM CARBONATE FROM ARCADIA PETALITE
• Battery grade >99.5% lithium carbonate produced in Prospect Resources’ custom laboratory, Kwekwe, Zimbabwe

Release Date: 18/12/17 08:59
Summary: Prospect Produces Ultra-High Purity Lithium Carbonate
https://hotcopper.com.au/documentembed?id=uOMxKKzFkiWRTLKhOROKAxjvTDYC5Qu0yBaZsOR6ke92GA==
Prospect Resources Ltd (ASX: PSC) (the “Company” is pleased to announce it has produced ultra-high purity 99.8% lithium carbonate from Arcadia petalite ore. A purity of 99.5% lithium carbonate is required for battery grade lithium carbonate. As the purity level rises, more potential product applications become available and possible pricing rises.

Release Date: 12/02/18 09:35
Summary: Update to Sinomine Placement and Framework Agreement
https://hotcopper.com.au/documentembed?id=uOMxKKzFkiWRTLKhOROKAxjvTDYC5A+0zBiZsOR6ke92GA==

Release Date: 26/02/18 09:40
Summary: Market Update to Sinomine Transaction
https://hotcopper.com.au/documentembed?id=uOMxKKzFkiWRTLKhOROKAxjvTDYC5A25yhKZsOR6ke92GA==

Release Date: 27/02/18 09:04
Summary: Commissioning of Lithium Carbonate Pilot Plant
https://hotcopper.com.au/documentembed?id=uOMxKKzFkiWRTLKhOROKAxjvTDYC5A27yhKZsOR6ke92GA==

Release Date: 13/03/18 17:44
Summary: Investor Presentation
https://hotcopper.com.au/documentembed?id=uOMxKKzFkiWRTLKhOROKAxjvTDYC5Au6wBSZsOR6ke92GA==
Arcadia Lithium Project Highlights Updated
Description Result/ Output
Mineral Resource at 1% Li2O Cutoff 43.2 Mt @ 1.41 % Li2O
Ore Reserve 26.9 Mt @ 1.31 % Li2O & 128 ppm Ta2O5
Plant Throughput 1,200,000 tpa
Life of Mine (LoM) +20 years
Li2O Recovery DMS, Spirals and Flotation 67 % Li2O
LoM Strip Ratio 3.1:1 waste to ore
Spodumene Production (6% Li2O) avg. LoM 96,000 tpa
Petalite Production (4.1% Li2O) avg. LoM 127,000 tpa
Total Lithium Carbonate Equivalent (LCE) avg. LoM 27,000 tpa
• Total Project Costs $52.5 M
• Potential investors and customers were not sure that the Company could make battery grade lithium carbonate from Arcadia petalite, as a result the Prospect team produced battery grade lithium carbonate in the Company lab in Zimbabwe in October 2017
• From this lab bench process the Company has now commissioned a pilot plant as proof that the process can be scaled to the next level, pilot plant is expected to produce 100kgs of lithium carbonate per month

Release Date: 04/04/18 09:31
Summary: Completion of Placement and Sinomine Transaction
https://hotcopper.com.au/documentembed?id=uOMxKKzFkiWRTLKhOROKAxjvTDYC5Aa+wBKZsOR6ke92GA==
Following receipt of shareholder approval to complete the share placement to Sinomine on 29 March 2018, Prospect is pleased to announce the receipt of A$10,000,000 from Sinomine and completion of the share placement to Sinomine of 166,666,667 fully paid ordinary shares in Prospect at 6c per share (a premium to the original placing price of 5c per share).
Prospect has also reduced the offtake volumes to be supplied to Sinomine Resource to approximately 70% of earlier agreed volumes. Offtake volumes are now classified as tonnes of spodumene, petalite and lithia units, giving Prospect the flexibility to alter supply quantities of spodumene and petalite provided the total lithia units supplied are satisfied. The surplus is expected to give Prospect flexibility to negotiate offtake terms with other lithium downstream customers and enable Prospect to divert additional spodumene and petalite volumes to a proposed company owned, lithium carbonate facility.
https://news.pindula.co.zw/2018/05/...-lithium-production-mining-yet-to-take-place/

Release Date: 11/12/18 09:02
Summary: PSC exports lithium carbonate samples
https://hotcopper.com.au/documentembed?id=uOMxKKzFkiWRTLKhOROKAxjvTDYD4g2/zheZsOR6ke92GA==
November 2018 Prospect Resources exports Lithium Carbonate (battery grade lithium >99.5% Li2CO3) samples for potential offtake partners

Release Date: 19/11/18 08:33
Summary: Arcadia DFS Investor Presentation
https://hotcopper.com.au/documentembed?id=uOMxKKzFkiWRTLKhOROKAxjvTDYD4we7zBiZsOR6ke92GA==
DFS confirms technical and financial viability of 2.4Mtpa development:
• LOM revenue of US$2.93B
• LOM cash operating costs of US$285/t 2
• 12 year mine life
• Pre-tax NPV10%3 US$511M & IRR of 44% after US$165M Capex, with rapid payback (2.5 years)
• Average annual EBITDA of US$106M
• Offtake Agreement for Phase 1 Production (approx. 30% of annual production) over 7 year’s:
- 40,000tpa of Spodumene Concentrate (6% Li2O); and
- 112,000tpa of Petalite Concentrate (4% Li2O);